What Executives Need To Know About the Cloud

January 9, 2019 / GuidesFor Team

It was about seven years ago when TechCrunch’s co-founder, Keith Teare, predicted that the future marketplace will revolve around two themes:mobility and cloud. Now in 2018, experts are still saying the same thing. And it’s not that Teare wasn’t heard before, nor the recognition for cloud technology had been delayed. It’s just that the cloud computing technology has been growing exponentially and has been constantly proving itself to the marketplace that it is indeed beneficial for different kinds of businesses. In fact, according toRightScale 2018 State of the Cloud Report, there has been an increase in both public and private cloud adoption just over the last year. This just proves that the use of cloud in the business is not a simple hype. It is actually bringing positive change to the business world.

Cloud fosters business innovation

It is undeniable that the current trend leans toward digital transformation, which is also the very reason why cloud adoption has been increasing these years. Businesses that aim to be global, and or create a sustainable working environment are the exact market of the cloud because the primary functions of the cloud adoption involve scalability, agility, and mobility. These functionalities allow even small and medium scale businesses to become innovative in their industry. The deployments of software applications are easily done in the cloud, which also results in businesses getting to enjoy more creative freedom without breaking the budget. And since the cloud offers accessibility, the company’s clients and employees can be all over the world and still be in touch with the company’s services.

The Cloud is cost-efficient

Since the cloud can operate as a service, it eliminates other intermediary software structures and therefore reduces total expenditure.Chief Executive had explained, “instead of implementing and maintaining complicated and expensive software systems, software-as-a-service applications are less expensive and easier to implement and maintain, and also allow employees to access important information from anywhere.” It doesn’t just save the company from overspending; the cloud also creates a venue for the employees to become more productive, which will in turn, translate to growth for both the company and its staff.

There is an added layer of data security in the cloud

Data security is, without a doubt, among the top priorities for a lot of businesses. Storage of confidential company data, as well as hosting of business-critical applications, in the cloud has always been an initial matter of concern. One cannot simply risk such vital company information and processes. Fortunately, there’s tight security in the cloud. Cloud providers will not risk losing your business over poor security measures. SMBs with little to no IT security staff can also benefit a lot more from this since the cloud providers would surely have the edge in “detecting and preventing cyberattacks.”

Cloud computing technology offers a lot of capabilities to all kinds of businesses. And at the current rate of its adoption, we could even say that it’s going to continue to be an essential part of every digital transformation.

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